Author Topic: SEPCO -- Southern Electric Power Company Ltd  (Read 69986 times)

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Offline SYED AYAZ ALI

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #199 on: March 08, 2016, 01:49:00 PM »
ANY GOOD NEWS?

Pakinvestorsguide

Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #199 on: March 08, 2016, 01:49:00 PM »

Offline jupiter

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #200 on: March 08, 2016, 02:55:31 PM »
051-8438553 is the number where u get sepco share info.probably 15th ko trading will start.

Offline SYED AYAZ ALI

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #201 on: March 09, 2016, 09:51:02 AM »
ANY UPDATE?

Offline SMF-M

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #202 on: March 12, 2016, 11:26:42 PM »
PSX/N-1626 N 0 1 I C E March 11, 2016
Suspension in trading of Shares of Companies and Extension in time to comply
with the Buy-Back Direction
Further to our Notice No. PSX/N-182 dated January 11, 2016, whereby trading in the shares of the following
companies was suspended w.e.f January 12, 2016 under Clause 5.11.2(b) and simultaneously the sponsor!
majority shareholders were directed to provide an option to the minority shareholders for selling their shares to
them at a price fixed by the Exchange under Clause 5.13 of PSX Regulations.
S. No. Name of Companies Default(s) of PSX Regulations
1 M/s. Ali Asghar Textile Mills Limited 5.11.1 .(e)
2 M/s. Fateh Industries Limited 5.11.1.(e)
3 M/s. Fateh Sports Wear Limited 5.11.1 .(e)
4 M/s. Gulistan Spinning Mills Limited 5.11.1.(e)
5 M/s. Guishan Spinning Mills Limited 5.11.1.(e)
6 M/s. Mukhtar Textile Mills Limited 5.11.1.(e)
7 M/s. Paramount Spinning Mills Limited 5.11.1 .(e)
8 M/s. Southern Electric Power Company Limited 5.11.1.(e)
9 M/s. Suhail Jute Mills Limited 5.11.1(e) I
It may be noted that six (06) out of Nine (09) companies have neither rectified the defaults nor complied with the
Buy-Back directions of the Exchange whereas, M/s. Southern Electric Power Company Limited is in process of
rectification of default and completion of related formalities. M/s. Fateh Industries Limited & M/s. Fateh Sports
Wear Limited have shown their intention to Buy-Back the shares but have not shared indicative price which can
keep minority shareholders' interests protected.
In view of aforementioned facts, the Pakistan Stock Exchange Limited has decided to provide another thirty (30)
days time i.e. up to April 11, 2016 to all concerned companies to comply with the compulsory Buy-Back direction
issued to them earlier under Clause 5.11.2(b) of the PSX Regulations.
Please note that trading in the shares of the above mentioned nine (09) companies shall remain suspended from
March 12, 2016 for another sixty (60) days or until such time the cause(s) of suspension have been rectified or
compliance with our directions for Buy-Back of shares is made by them.
The decision has been taken in exercise of the powers vested in the Exchange under Sub-Section (7) of Section
19 of the Securities Act, 2015 and clause 5.11 of the PSX Regulations.
be noted for record purposes.
MIRZA I GM & Chief Compliance Officer
The Director (SSED)-SECP
he Managing Director-PSX
he Chief Regulatory Officer-PSX
All Departmental Heads-PSX
Companies concerned I Registrar / Share Transfer Agent
The Central Depository Company of Pakistan Limited
National Clearing Company of Pakistan Limited
PSX Website & Notice Board
smd.notices©secp.gov.pk
-- Faraz

Offline Sharjeel

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #203 on: March 13, 2016, 08:24:36 PM »
PSX/N-1626 N 0 1 I C E March 11, 2016
Suspension in trading of Shares of Companies and Extension in time to comply
with the Buy-Back Direction
Further to our Notice No. PSX/N-182 dated January 11, 2016, whereby trading in the shares of the following
companies was suspended w.e.f January 12, 2016 under Clause 5.11.2(b) and simultaneously the sponsor!
majority shareholders were directed to provide an option to the minority shareholders for selling their shares to
them at a price fixed by the Exchange under Clause 5.13 of PSX Regulations.
S. No. Name of Companies Default(s) of PSX Regulations
1 M/s. Ali Asghar Textile Mills Limited 5.11.1 .(e)
2 M/s. Fateh Industries Limited 5.11.1.(e)
3 M/s. Fateh Sports Wear Limited 5.11.1 .(e)
4 M/s. Gulistan Spinning Mills Limited 5.11.1.(e)
5 M/s. Guishan Spinning Mills Limited 5.11.1.(e)
6 M/s. Mukhtar Textile Mills Limited 5.11.1.(e)
7 M/s. Paramount Spinning Mills Limited 5.11.1 .(e)
8 M/s. Southern Electric Power Company Limited 5.11.1.(e)
9 M/s. Suhail Jute Mills Limited 5.11.1(e) I
It may be noted that six (06) out of Nine (09) companies have neither rectified the defaults nor complied with the
Buy-Back directions of the Exchange whereas, M/s. Southern Electric Power Company Limited is in process of
rectification of default and completion of related formalities. M/s. Fateh Industries Limited & M/s. Fateh Sports
Wear Limited have shown their intention to Buy-Back the shares but have not shared indicative price which can
keep minority shareholders' interests protected.
In view of aforementioned facts, the Pakistan Stock Exchange Limited has decided to provide another thirty (30)
days time i.e. up to April 11, 2016 to all concerned companies to comply with the compulsory Buy-Back direction
issued to them earlier under Clause 5.11.2(b) of the PSX Regulations.
Please note that trading in the shares of the above mentioned nine (09) companies shall remain suspended from
March 12, 2016 for another sixty (60) days or until such time the cause(s) of suspension have been rectified or
compliance with our directions for Buy-Back of shares is made by them.
The decision has been taken in exercise of the powers vested in the Exchange under Sub-Section (7) of Section
19 of the Securities Act, 2015 and clause 5.11 of the PSX Regulations.
be noted for record purposes.
MIRZA I GM & Chief Compliance Officer
The Director (SSED)-SECP
he Managing Director-PSX
he Chief Regulatory Officer-PSX
All Departmental Heads-PSX
Companies concerned I Registrar / Share Transfer Agent
The Central Depository Company of Pakistan Limited
National Clearing Company of Pakistan Limited
PSX Website & Notice Board
smd.notices©secp.gov.pk

Another 60 days... matlub 15 May 2016 tak...  :bangin:

Offline jupiter

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #204 on: March 13, 2016, 09:44:07 PM »
AOA,had discussion with company top management trading will start on Wednesday most probably.everything is in order.just some formal formalities .a meeting with psx will held on monday or tuesday.listing fee is paid .100 percent authentic news

A little game may happens in japan power after sepco trading starts.a little fluctation will also happens in sepco also.

SELL SELL is final verdict

Offline Sharjeel

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #205 on: March 14, 2016, 12:33:29 PM »
AOA,had discussion with company top management trading will start on Wednesday most probably.everything is in order.just some formal formalities .a meeting with psx will held on monday or tuesday.listing fee is paid .100 percent authentic news

A little game may happens in japan power after sepco trading starts.a little fluctation will also happens in sepco also.

SELL SELL is final verdict

SEPCO ki trading start hogi to Japan Power main game ?  :confused1: :tongue:

Offline shezy45

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #206 on: March 22, 2016, 12:41:27 PM »
kab start hogi trading  huhu  huhu

Offline SYED AYAZ ALI

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #207 on: March 24, 2016, 02:39:38 PM »
kia update ha bhai????

Offline shezy45

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #208 on: March 24, 2016, 10:35:32 PM »
koi to update de do huhu :bangin:

Offline afzalch

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #209 on: March 24, 2016, 10:42:13 PM »
koi to update de do huhu :bangin:
.        UPDATE  huhu huhu huhu

Offline ajaz115

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #210 on: March 25, 2016, 09:09:49 AM »
mere khiyaal say iss ki kahani khatam hogai hay .... kasb bank ki tarhan....ye ham sab buhat kanjar khanay may jee rahay hain :)))))))))))

Offline jupiter

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #211 on: March 25, 2016, 12:31:24 PM »
AoA,well the latest update with authentic source

a meeting take place in this week with stock exchange. there are some  minor issues which stock exchange want sepco to resolve completely. sepco is trying to resolve the compliance issues and  meeting is fruitful .issues are minor .hopefully trading resumes in next week.051-8438553 is the number where u get sepco share info

Offline shezy45

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #212 on: April 05, 2016, 12:33:06 PM »
koi to bata do sepco ka fatiha parh len kya  huhu huhu huhu

Offline faizanfarooq2002

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #213 on: April 06, 2016, 02:35:57 PM »
Asslamoalikum

Any new regarding resumption of trading.



 :s1:

Offline faizanfarooq2002

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #214 on: April 11, 2016, 09:27:45 AM »
Assalamoalikum

Any news regarding trading. :$: :down:
company walay bi so raha hain jin ko koi parwa hi nahin. :lazy2: huhu

Offline ajaz115

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #215 on: April 11, 2016, 11:00:39 AM »
Online ajaz115
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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #210 on: March 25, 2016, 09:09:49 AM »
QuoteAdd Multi Quote
mere khiyaal say iss ki kahani khatam hogai hay .... kasb bank ki tarhan....zeal pak cement kasb bank etc... iss tarhan ki buhat se mislaain mojood hain aisay shares ki jo floor say ottar wapis nahii aaye

Offline jupiter

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #216 on: April 11, 2016, 12:09:10 PM »
dear ajaz115
dnt mislead general public.if u dnt have authentic info plz abstain giving comment.
latest info is that some compliance issues are still pending.it is just matter of time now trading resumes.i have lot of details available related to sepco.almost daily update got from concerned sepco officals as well as compliance manager from psx.hold tight.
after all it is a kachra.on resumption of  trading jpgl might get good movement.

Offline faizanfarooq2002

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #217 on: April 11, 2016, 12:14:22 PM »
Thanks for kind reply Jupiter,

Kindly confirm whether it will up or not what do you think.

Thanks

Offline jupiter

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Re: SEPCO -- Southern Electric Power Company Ltd
« Reply #218 on: April 11, 2016, 12:18:29 PM »
dear faizan

trading will resume 100 percent.its just a matter of time.